BOREHAMWOOD BAPTIST CHURCH
The advancement of the Christian faith according to the principles of the Baptist denomination.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £4,517 for the year ended 31 March 2025, following a significant reduction in projected deficit from the previous year. The trustees acknowledge that an increase in income will be necessary to sustain ongoing costs, particularly given the financial burden of managing church buildings. However, the charity maintains unrestricted reserves of £89,145 and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“None of the Trustees (or any other persons connected with them) received any remuneration or benefits from the Charity during the year apart from the Chaplain who received small token in a form of benefit.”
Trustees
- Annie Banda
- Colleen Susan Elizabeth Sainlo
- Paran Jyothi Anagani
- Rev Rachel Ann Waitt
- Sonia Margaret Steer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80k | £85k |
| 31/03/2024 | £73k | £135k |
| 31/03/2023 | £75k | £60k |
| 31/03/2022 | £90k | £67k |
| 31/03/2021 | £66k | £47k |
Common questions
Is BOREHAMWOOD BAPTIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £4,517 for the year ended 31 March 2025, following a significant reduction in projected deficit from the previous year. The trustees acknowledge that an increase in income will be necessary to sustain ongoing costs, particularly given the financial burden of managing church buildings. However, the charity maintains unrestricted reserves of £89,145 and has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.